Salaries and commissions
Real Estate brokersLike what is stated in the previous page, Career Options, an average broker's salary ranges from $23,000 to $59,000 to $100,000 per year. More information about the salary of brokers is not available because brokers are referred to as real estate agents in some states and countries.
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Real Estate AgentsLike what is stated on the previous page, Career Options, an average real estate agent's salary ranges from $18,000 to $36,000 to $93,000 per year. As of 2012, real estate agents had median annual earnings of $42,432. The bottom ten percent earned an average of $27, 083 and the top ten percent earned an average of $100,933.
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The salaries listed above above are not fixed and depend on many different factors such as sales experience, sales ability, and economic conditions. As a result, an agent or broker's salary tends to fluctuate. Because of such conditions, agents are rarely paid salaries and earn commissions instead. Commissions are determined by which city it is located, what type of property is for sale, and the property's value. An example of how real estate agents and brokers are paid is listed below
Doing Good For Others
Real estate is a service-related career with the main purpose of helping regular people find their desired house, condo, townhouse, etc. A good example of real estate agents serving the community and citizens is helping them find a great property in which they can live in. Every day,agents and brokers serve other people and help the economic growth of the real estate market.